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Five charts: How climate change is driving up food prices around the world
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Five charts: How climate change is driving up food prices around the world

Global food prices have seen huge fluctuations in recent years, soaring to record highs in 2022 before dropping in 2023 and rising again slowly this year.
August 27, 2024
Indonesia’s incoming president hopes to implement B50 biodiesel in 2025
News

Indonesia’s incoming president hopes to implement B50 biodiesel in 2025

To reduce fuel imports and carbon emissions, Indonesia’s incoming president Prabowo Subianto has recently announced that the country will enforce a mandatory B50 biodiesel policy by 2025. This announcement has raised concerns in the industry.
August 27, 2024
Southeast Asia is set to be global EV industry hub, report says
News

Southeast Asia is set to be global EV industry hub, report says

Despite a slowdown in global electric vehicle (EV) market growth, BloombergNEF’s latest report remains optimistic about Southeast Asia becoming a global hub. The report forecasts that by 2040, the region will account for 56% of global EV sales.
August 27, 2024
Singapore firms turn to EV, clean cookstoves carbon credits from Ghana
News

Singapore firms turn to EV, clean cookstoves carbon credits from Ghana

To reduce carbon tax expenditures, Singaporean companies, under government encouragement, have begun focusing on developing carbon credits in Ghana.
August 26, 2024
Indonesia’s JETP receives $25 million rooftop solar development fund
News

Indonesia’s JETP receives $25 million rooftop solar development fund

Indonesia’s Just Energy Transition Partnership (JETP) has finally attracted its first overseas investment. The startup Xurya has secured a $25 million investment from the Norwegian Climate Investment Fund (NCIF).
August 26, 2024
Transport receives highest share of Germany's climate-damaging subsidies by far, report finds
News

Transport receives highest share of Germany's climate-damaging subsidies by far, report finds

The transport sector receives by far the biggest share out of all of Germany's government subsidies that are harmful to the climate, according to a report commissioned by the economy ministry.
August 23, 2024
Tech giants’ RE100 commitments under fire amid unbundled REC controversy
News

Tech giants’ RE100 commitments under fire amid unbundled REC controversy

The RE100 goal can be achieved through RECs with unbundled certificates, meaning that tech companies can claim to use renewable energy by purchasing certificates, even if they are not actually using electricity generated by renewable sources.
August 23, 2024
Meeting 1.5°C warming limit hinges on governments more than technology, study says
News

Meeting 1.5°C warming limit hinges on governments more than technology, study says

The ability of governments to implement climate policies effectively is the “most important” factor in the feasibility of limiting global warming to 1.5°C, a new study says.
August 22, 2024
US-China trade tensions threaten Southeast Asia's solar supply chain
News

US-China trade tensions threaten Southeast Asia's solar supply chain

The solar supply chain in Southeast Asia appears to be facing turbulent times as the U.S. accuses companies in the region of unfair competition and plans to raise tariffs. As a result, some manufacturers are delaying production or withdrawing operations.
August 22, 2024
Data centers in Taiwan face power supply challenges
News

Data centers in Taiwan face power supply challenges

As international companies increasingly establish artificial intelligence (AI) and cloud data centers in Taiwan, concerns are rising over the country’s power supply. Following a series of recent power outages, Taiwan Power Company (Taipower) delivered a s
August 21, 2024
Volvo aims for 30% carbon reduction in Taiwan by 2024
News

Volvo aims for 30% carbon reduction in Taiwan by 2024

Swedish luxury carmaker Volvo is set to cut carbon emissions by 30% in Taiwan by 2024, collaborating with 21 dealerships to implement energy-saving measures and install solar panels. The company also plans to expand its energy management systems and energ
August 21, 2024
Japan, Southeast Asia sign 70 new deals to drive regional decarbonization
News

Japan, Southeast Asia sign 70 new deals to drive regional decarbonization

The Asia Zero Emission Community (AZEC), led by Japan, held a ministerial meeting in Indonesia on August 20 and 21. During the meeting, 70 cooperation memorandums were signed to actively promote energy transformation in Southeast Asia.
August 21, 2024
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